Social Security Employee Tax Maximum 2024

Social Security Employee Tax Maximum 2024. This amount is known as the “maximum taxable earnings” and. The social security administration recently announced that the wage base for computing social security tax will increase to $168,600 for 2024 (up from $160,200.


Social Security Employee Tax Maximum 2024

The tax rate for an employee’s portion of the social security tax is 6.2%. The same annual limit also.

Social Security Employee Tax Maximum 2024 Images References :